NKYC Token
NKYC
Evaluation Score
Overall rating on a scale of 0-10
Dimension Breakdown
Whale Pulse
Large transaction flow (>$10k)
No whale transactions >$10k detected recently for NKYC.
AI Analysis
Comprehensive evaluation of the token
The evaluation of NKYC reveals a fundamental identity crisis: while the request specifically sought a token for 'identity verification' and 'KYC workflows,' the actual NKYC token on the market is the utility asset for NonKYC.io, a privacy-centric exchange explicitly designed to avoid KYC. The project functions as a niche solution in the 'grey market' of regulatory non-compliance, servicing privacy enthusiasts. While the exchange is operational with a robust governance model (veNKYC) and audited code, the investment profile is marred by severe risks. Technically, the 'Active Development' score is critically low (1/10) due to a closed-source codebase and minimal public activity. Security analysis highlights a high-severity centralization risk where the smart contract owner retains 'minting' capabilities, which—combined with a low circulating supply (~19%)—creates significant dilution and trust concerns. Consequently, NKYC serves as a high-risk, speculative utility token for a specific exchange rather than the compliance protocol described.
Development Activity
Code updates and developer engagement
Community Support
Social media presence and community engagement
Tokenomics
Supply, distribution, and utility
Market & Use Case
Value proposition and competitive landscape
Team & Governance
Team background and project governance
Security & Audits
Security history and audit status
About NKYC Token (NKYC)
NKYC Token (NKYC)
NKYC Token (NKYC) is an Ethereum-based ERC-20 utility token designed to streamline identity verification (Know Your Customer) and compliance processes for decentralized applications and enterprises. NKYC leverages secure cryptographic protocols to ensure data integrity and user privacy across blockchain ecosystems.
Key Features
- Secure Identity Verification: Automates KYC workflows with on-chain proofs.
- Privacy Protection: Employs cryptographic hashing to safeguard user data.
- ERC-20 Compatibility: Integrates with standard wallets and smart contracts.
- Fast Settlement: Low-latency transactions on the Ethereum network.
Use Cases
- Decentralized Finance (DeFi): Instant identity checks for lending, borrowing, and staking protocols.
- Web3 Access Control: Token-gated communities, NFT marketplaces, and DAO memberships.
- Enterprise Compliance: Transparent audit trails and regulatory reporting.
Technical Specifications
- Token Standard: ERC-20
- Network: Ethereum Mainnet
- Total Supply: Defined by smart contract